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gcav
Level 1

Energy credit for electrical panel replacement

I replaced our electrical panel and service due panel failing - upgraded to 200 amp. How do I enter the deduction in TurboTax for purchasing, upgrade and labor involved in the the electrical panel installation? My understanding is a panel upgrade/replacement valid for this credit. But, TurboTax is stopping me as it needs a QMID code. Manufacturer of the panel is Siemans, but there is no QMID code. 

Appreciate any information..

Thanks 

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Energy credit for electrical panel replacement


@gcav wrote:

I replaced our electrical panel and service due panel failing - upgraded to 200 amp.


 

 

Just replacing the electric panel doesn't qualify for the tax credit.  It must be replaced in conjunction with another energy-qualifying item (such as a heat pump or something like that) and enables you to use that other energy-qualifying item.

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6 Replies
DianeW777
Employee Tax Expert

Energy credit for electrical panel replacement

Yes, this number is a requirement for the reasons noted below. If you are unable to get a code registered with the IRS you may not get the credit for your panelboard.

It would be best to double check with the manufacturer to be sure you have the correct code. Also, check to see if they did register with the IRS here. Qualified Manufacturer

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Energy credit for electrical panel replacement


@gcav wrote:

I replaced our electrical panel and service due panel failing - upgraded to 200 amp.


 

 

Just replacing the electric panel doesn't qualify for the tax credit.  It must be replaced in conjunction with another energy-qualifying item (such as a heat pump or something like that) and enables you to use that other energy-qualifying item.

Actor95
New Member

Energy credit for electrical panel replacement

I have the same exact problem. Even the instructions for the from don’t detail Line 25D. And the explanation about QMID on the IRS website does not mention them being for panelboards. This seems to be an error somehow

gcav
Level 1

Energy credit for electrical panel replacement

Thank you for the follow up! I thought that may be the case, but couldn't find anything to verify that!

 

Thanks again..

gcav
Level 1

Energy credit for electrical panel replacement

Right.. the instructions aren't clear enough to determine that the panel replacement/upgrade HAS to be a requirement for another piece of "qualified" equipment. Neither in the software or on the IRS site.  My original read on this was that the panel was "qualified" as long as it was 200 amp... 

Energy credit for electrical panel replacement

Unfortunately, I do not yet see any generic panel mfgs on the IRS QMID list for as of 2/16/2025 only one smart panel mfg (EG4 ELECTRONICS LLN)

https://www.irs.gov/credits-deductions/energy-efficient-home-improvement-credit-qualified-manufactur... 

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